Stefan Ujkic
“Subject To” deal , first investment questions
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Regine Saint-Laurent
Experienced Wholesalers! How to prevent the end buyer from cutting me out of the deal?
Hello all,
I am wondering how, upon signing a contract with the homeowner and then attempting to assign it to an investor, one can prevent the homeowner and investor from making a deal behind my back? I am new to wh...
Michael Baum
Get ready to pay more for you mortgage
So here is something that is coming on May 1st. I just heard about it.Essentially if you have a good credit score (680 or above) you will pay more in mortgage fees to help those with poor credit buy a house.https://ww...
Jamie B.
Disqualify Potential Tenant with First Email Inquiry?
I have been reading all the blogs and posts within this site as well as books others have recommended. Amazing amount of information! We are busy getting our first rental SFH ready and I am behind on my formal introd...
Joshua Costa
Purchasing a legal fourplex with five units
hey guys I've been in the background reading a lot of blogs for a while. I have learned a lot and I'm about to make an offer on my first multi. So the details on the property are that it's a legal four family but th...
Lucas Pfaff
FREE Property - What's the WORST that could happen?
I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future....
Giovanni Montesclaros
Buying a $50,000 property for $5,000?
Buying a $50,000 property for $5,000... Too good to be true?
I have obtained a list of properties and the amount of property taxes that are over due by the homeowners.These homeowners have not yet lost their prope...
Dominic Lucarelli
If I can close this deal....
I'm trying to push this deal through. The potential upside is enormous. The short term is challenging. What are your thoughts?Asking price: $127,000Triplex, fully rented, owner occupiedMain floor (and full basement): ...
Chad Aziz
IE & OC SFR markets overvalued according to CoreLogic report
Here's the articleBelow are some snippets from the article:"The housing stock in Orange County and the Inland Empire was “overvalued” as of August, while home values in Los Angeles County and the overheated San Franci...
Eric Knittel
Tenants abandon property. Do I evict or move on?
Hey everyone, I have a home in San Antonio that tenants have abandoned and not paid this months rent (there are 6 months left on the lease).
I’m curious to hear from those who would consider legally evicting the tena...